The National Committee for Coastal Management and Development (NCCDC) is spearheading a transformative initiative to develop Cambodia’s four coastal zones into thriving economic poles, said a senior official of the Ministry of Land Management, Urban Planning, and Construction. This ambitious project aims to balance sustainable development and well-being of coastal communities, prioritizing livelihoods, health, and […]
Etihad Airways, a national flag carrier of the United Arab Emirates (UAE), this week announced the launch of ten new flight destinations beginning 2025, including a new route between Abu Dhabi and Phnom Penh, with the airline confirming the new Cambodian link is set to begin service from October 4, 2025. According to the announcement, […]
Thailand and Cambodia will resume bus services linking Bangkok with Phnom Penh and Seam Reap starting Friday for the first time since the Covid-19 pandemic stalled operations. Transport Co Acting Managing Director Atthawit Rakchamroon and Suo Vireak, chairman and CEO of Vireak Buntham Express Co, inked an agreement on Tuesday to operate the bus service […]
The Online Business Registration System known as Single Portal registered around 40,000 businesses worth $14 billion by October this year, a report showed yesterday. Other sectors include management consultant activities, manufacturing, financial and insurance activities, the report said. The figure was disclosed at a meeting of the top officials from the Ministry of Commerce, the […]
The Cambodia Confederation of Investors Association (CCIA) forecasts that orders for footwear and travel products will increase by 20 to 30 percent in 2025 compared to 2024, while the Kingdom earned approximately $1.3 billion from the export of footwear products to international markets during the first 10 months of 2024. Ly Khun Thai, Chairman of […]
Cambodian Prime Minister Hun Manet said here on Tuesday that the Regional Comprehensive Economic Partnership (RCEP) agreement has given Cambodia entry to a market of 2.3 billion people. “This means access not just to Cambodia’s domestic market of 17 million consumers, but to a combined market of billions,” he told some 300 participants at the […]
The Asian Development Bank (ADB) approved a $50 million policy-based loan to support Cambodia’s efforts to make the business environment more investment-friendly, upgrade businesses toward higher competitiveness, and ease trade barriers, said the bank in a news release. This second sub-programme of the ongoing Trade and Competitiveness Programme is reinforcing the government’s efforts to leverage […]
The number of passengers who have entered Cambodia’s three international airports between January and November 2024 is 4.7 million according to a report from the State Secretariat of Civil Aviation (SSCA). As always it’s good to see the data heading in the right direction but pre-pandemic levels need to be the benchmark by which we […]
PHNOM PENH: Cambodia has witnessed a surge in electric vehicle (EV) adoption in recent months, with the government actively promoting the shift towards cleaner transportation. Prime Minister Hun Manet has expressed strong support for the expansion of the EV sector in Cambodia, highlighting its potential benefits. He emphasized that transitioning to electric vehicles can significantly improve […]
The Kingdom’s aviation sector has experienced consistent growth this year, with Cambodia’s three international airports — Phnom Penh, Siem Reap and Sihanoukville — handling over 47,000 flights in the first ten months of the year, a 10% increase compared to the same period in 2023. The number of passengers passing through these airports reached almost […]
Japan’s MIRARTH Agri Tech is set to export 250 tonnes of cashew nut products directly to the European Union (EU) market this year, with the first phase involving 16 tonnes. This significant milestone underscores the Ministry of Commerce’s ongoing efforts to identify and secure international markets for Cambodian products. Samheng Bora, Secretary of State of […]
A new report by Cambodia Securities PLC considers significant factors that suggest the Kingdom has the potential to become Southeast Asia’s next major financial hub, based on the positive outlook of several renowned market insiders. The analysis included the nation’s strong economic growth, political stability, absence of foreign exchange controls, accelerating infrastructure and labour force […]
Koh Ker, a remote temple complex in Cambodia, has been the only Southeast Asian representative on Fodor’s Travel’s list of 25 must-visit destinations for 2025. “Keen to avoid the selfie stick-wielding tourists flocking to Angkor Wat and its surrounding temples? Consider Koh Ker, a sprawling archaeological site that provides a fascinating insight into lesser-known aspects […]
A robust entrepreneurial ecosystem is critical to driving economic growth, expanding domestic and international markets as well as reducing imports and boosting exports, said Aun Pornmoniroth, Deputy Prime Minister and Minister of Economy and Finance (MEF) yesterday. Addressing the first ‘Entrepreneurial Ecosystem Day 2024’ at the Diamond Island Convention & Exhibition Center in the capital, […]
PHNOM PENH: According to the Agency Kampuchea Press (AKP), Prime Minister Samdech Techo Hun Manet presided over the official opening of the Techo Santepheap Angkol Beach Road in Kep province this morning. The 12.645-kilometer road, situated in Angkol commune, Damnak Chang-er district, Kep province, was constructed by KIRI Dangrek Construction Co., Ltd. and M.T.A Construction […]
The Council for the Development of Cambodia (CDC) is poised to revolutionize investment procedures with the official launch of the CDC Investment Project Management System (cdcIPM) on Wednesday. This innovative system aims to streamline and digitize investment procedures, making it easier for businesses to invest in Cambodia. The cdcIPM is a technology system that allow […]